Profit & Loss Mcqs

Q.  Ramees sold two bicycles, each for Rs.990. If he made 10% profit on the first and 10% loss on the second, what is the total cost of both bicycles?

a. Rs.2000
b. Rs.1980
c. Rs.1891
d. Rs.1750


ANSWER: See Answer
 
(10*10)/100 = 1%loss

100 — 99

? — 1980 => Rs.2000
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